Cryptocurrency exchange KuCoin has recently listed a number of new altcoins to their platform, as it continues to improve operations. The latest listing, supported as of yesterday, Tuesday, July 24th is the CPC token from CPChain.
Cyber Physical Chain (CPChain) is a China-based distributed infrastructure platform for the next generation of the Internet of Things (IoT).
CPChain’s goal is to integrate blockchain and encryption via cloud storage to enable IoT devices to interact with different data sets over cross-chain applications.
Deposit, buying, selling and withdrawal are all available with trading pairs including CPC/BTC and CPC/ETC. Trading can be done using KuCoin’s App or direct to their website at kucoin.com.
CPChain aims to develop a fundamental information platform for IoT system in combination with distributed storage, encryption computation, and blockchain technologies, implementing the whole process solution from data acquisition, storage, sharing to the application. CPChain is a promising solution to a range of challenges of current “chimney architecture” of IoT systems, reducing connectivity price of devices, preserving data privacy and maximizing the value of IoT data.
The CPChain R&D team is an international, knowledge-structured, dynamic team. The founding team members comprise the topmost talent from universities, Internet of things industry, financial security companies and industry developments.
Dr. LONG Chengnian, Professor CPChain Co-Founder/Principal Scientist Research: Internet of Things, Distributed Intelligent Systems with the Blockchain Technology
Dr. Zhao Bin, CPChain Co-Funder. Dr. Zhao has longer than 12 years research and development background in communication, Internet of Things and FinTech. Extensive experience in management of R&D team. He has three patents on designs on the Internet of Things.
Also, CPChain is being supported and invested by projects such as VeChain, ETP, and QTUM.
The CPChain CPC Token
CPC is the transaction and native token on CPChain. CPC’s value origin is that it can efficiently recognize and measure digital economic activity. The utility of CPC is based on two reasonable business requirements. One is that the application of CPChain operates an exact amount of CPC as fuel. The other is running CPC a symbol of sharing in the community governance.